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In some countries, such as the United States and Great Britain, anti-trust or monopoly laws act to restrain the more flagrant abuses of industrial power.
Alas, whispers one lawyer, the case has stalled as the agency "misjudged its strength and was forced to back down by higher-ups".Another serious concern is that China is undermining its monopoly laws, which experts say are good on paper, by enforcing them in increasingly thuggish ways.
Patent systems and other monopoly laws have been used throughout Europe for hundreds of years.
The deal puts Grab in absolute control of Southeast Asia's ride-sharing market, bar Indonesia, but the company doesn't believe that the deal — which it is calling a merger — will represent any issue for Singapore's monopoly laws.
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The differences were perhaps best summed up in a recent article by Professor Muris, the senior adviser to Governor Bush, about the F.T.C.'s enforcement of monopoly law.
Theoretically this is not aimed at any particular kind of acquirer, and would not block well-conceived deals, but that, of course, was said about the monopoly law as well.
The law is set to expire at the end of the year, but regulators and bankers say unofficially that it would be unthinkable for the territory to allow a bank to collapse.Perhaps the most intriguing change, although little noticed so far, is a new monopoly law, a draft of which was entered into the government records on July 2nd.
Claiming Escortnet had violated the state telecommunication's monopoly law, it encouraged its parent company Turktelekom to sue.
Courts recognize that sound monopoly law has an "understanding of the tradeoffs between innovation and dynamic efficiency gains and the static welfare losses associated with monopoly power".
Monopoly law may make sense when something like a government-supported telecommunications industry excludes other Internet service providers from offering me cheaper, faster Internet.
These include protection for principal witnesses in competition law cases throughout Europe, the legal status of Internet publications and guaranteed protection against double prosecution under monopoly law.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com